Global Markets

Lamb dish

From Politics & Policy 7:20 am

China Lifts Ban on New Zealnd Lamb Mutton, Beef Meat

China has finally lifted the ban it imposed on New Zealand's lamb mutton and beef meat products.

Asia loses steam

From Global Markets 6:17 am

China's Contracting Factory Activity and Fed Comments Drag Down Asian Markets

Markets hit by China's manufacturing data and reports of Fed favouring slowing down bond purchase.

Ford Motor Co.

From Economy 6:14 am

Ford Formalizes Closure of Australian Plants: Telltale Signs Strong in 2012

The telltale signs have already been there as early as 2012. It was just a matter of when will Ford Australia finally collect its guts to formally announce the closure of its manufacturing plants in Australia. That time came on Thursday as Ford Australia finally confirmed it is closing down and letting go 1200 jobs in the process.

From Global Markets 5:45 pm

A Challenging Season For Myer

-Sales and consumer sentiment soft-Pressure on margins from discounting/costs-Online gaining traction

China manufacturing

From Global Markets 5:56 am

China Heads to Further Slowdown as Manufacturing Activity Contracts in May

Preliminary HSBC China Manufacturing PMI showed a reading of 49.6 in May, indicating a contraction in activity.

Gold bullion coins known as Krugerrands are pictured in the mint where they are manufactured in Midrand outside Johannesburg

From Economy 5:16 am

China Discovers Gold Mine in Northwest With 53 Tonnes Worth of Reserves

China on Wednesday announced it has discovered a gold mine in the Ili Valley in the country's Xinjiang Uygur Autonomous Region. With reserves estimated to be at 53 tonnes, the said discovery could translate to an economic value of $3.2 billion.

ASX

From Global Markets 4:12 am

Australian Stock Market Report – Midday 5/23/13

The Australian share market is being heavily sold off in early trade, following a volatile night on Wall Street.

Rinehart

From Economy 3:59 am

In Australia, It’s Rinehart Who is The Most Powerful Woman, Not Gillard, Forbes World’s 100 Most Powerful Women

Being a country's topmost political leader does not necessarily equate to being most powerful. In Australia, Julia Gillard may be the Prime Minister, but is it Gina Rinehart who is the most powerful woman of Australia, according to Forbes magazine's annual list of 100 most powerful women around the world.

From Global Markets 2:21 am

Losing The Loser's Game

By Tim Price"The first panacea for a mismanaged nation is inflation of the currency; the second is war.

A machete knife was used to slaughter the UK soldier in Woolwich on Wednesday afternoon

From Politics & Policy 2:49 am

UK Woolwich Attack: A Terror and Bravery Face-off

Right smack under the broad afternoon Wednesday daylight, as two crazed men wielded terror and attacked and decapitated a UK soldier in Woolwich, David Cameron's country proved yet its bravery when a 48-year old mother walked right into the crime scene and talked with the emotionally charged madmen. Right then and there, it was a face-off between terror and bravery at its finest hour.

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